Category: Uncategorized
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Proposal in Toronto: Double Unit Cap to 60 | MrHunter.ca
Toronto City Council will vote on allowing townhouses and small apartments on major streets. The plan aims to relax zoning bylaws to enable buildings up to 6 storeys.
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Toronto could soon make it much harder for landlords to kick out tenants
Toronto is contemplating new regulations to curb "bad faith renovictions," drawing inspiration from a Hamilton bylaw that mandates landlords to secure a renovation permit before issuing renoviction notices. The aim is to prevent landlords from evicting tenants under the pretense of renovations to increase rents. If passed, the bylaw would necessitate landlords to furnish renovation…
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Toronto Developers’ Insights: Housing Market Predictions | MrHunter.ca
Toronto housing prices ↓ 10%-15% from early 2022 due to rising interest rates. Developers predict price recovery if interest rates ↓ (potentially by June) due to high demand.
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Toronto has a shocking number of new homes planned and under construction
Toronto has a vast number of new homes planned and under construction, with over 694,818 homes in the pipeline. This includes 258,397 units approved and awaiting construction, and 436,421 units proposed and under review. These figures could provide homes for 22% of the city's residents. Toronto exceeded its 2023 housing targets, receiving a $114 million…
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East-End Toronto Shows Mixed Housing Trends in Early-Q2 | MrHunter.ca
East York and Danforth North home prices averaged $1.3M, ↑ 12.5% MoM and ↑ ~6.5% yearly. Riverdale and Danforth Southwest home prices averaged $1.2M, ↑~5% MoM but ↓~4% yearly.
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Toronto’s Spring Slowdown Benefits Buyers | MrHunter.ca
Toronto's housing market experiences a spring slowdown, favouring buyers. Listings ↑~50%, but sales ↓5% yearly.
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Toronto’s Market: Glut of Homes but Few Buyers | MrHunter.ca
Toronto Real Estate market facing a surplus of homes with low buyer interest. There's a surge in resale condo listings and new listings across all housing types.
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Toronto was just named one of the top 10 most ‘impossibly affordable’ cities in the world
Toronto residents struggle with high living costs as the city is ranked among the least affordable globally by the Urban Reform Institute. Housing affordability in Canada, especially in Toronto and Vancouver, has sharply declined since the mid-2000s. Toronto's income-to-home price ratio is 9.3, making it the tenth toughest city financially. The study assessed nearly 100…
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Cost of living in Canada
Five Canadian cities, including Toronto, Vancouver, and Montreal, are among the most expensive for international workers due to high housing costs. Despite this, Canadian cities are still more affordable compared to U.S. cities. The cost of living is influenced by factors such as housing costs, shortages, inflation, and exchange rates. The most expensive cities globally…
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Toronto’s Supertall Era: A Skyline Revolution | MrHunter.ca
Toronto's skyline is set to change significantly by 2030. At least 7 new "supertall" skyscrapers are planned.